Old Rock Asset Management LLC is a large advisory firm based in Chicago. It manages $153.97 million of regulatory assets for 52 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Connecticut and Illinois.
Old Rock Asset Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Old Rock Asset Management LLC is $153.97 million. The firm's AUM has grown by 308% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Old Rock Asset Management LLC for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies and high net worth individuals. The largest group of clients of Old Rock Asset Management is high net worth individuals with 10 clients and $110.02 million of assets under management. Among the 8 most similar advisory firms, Old Rock Asset Management has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $153.97 million for 11 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Old Rock Asset Management doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Old Rock Asset Management LLC performs its advisory services is located at 159 East Walton Place, Chicago, IL 60611, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-340-1041. The normal business hours are 9am - 6pm on Monday - Friday. You can find more information about the New York firm at oldrockasset.com.